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Owner Contacts

$92,791

NAL Estimated Property Value

11550 Chimney Rock Road 332, Houston, TX, 77035

Off Market

1 Beds

1 Bath

1,280 Sq Ft

$97.66 / sqft

Built in 1971

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Heating Central

Cooling

AppliancesElectric Oven, Electric Range, Washer/Dryer

FlooringCarpet, Tile

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1971

Stories1

Land Information

APN1134880000008

SubdivisionWestbury Square T/H Condo

Land UseResidential

Legal DescriptionUNIT 94 BLDG N .38 INT COMMON LAND & ELE WESTBURY SQUARE T/H CONDO

Census Tract422100

Assessed Land Value$17,630

Assessed Improvement Value$75,161

Assessment Year2025

About this property

Welcome home to 11550 Chimney Rock Rd #332! This gorgeous two-story townhome in the Westbury Square GATED community features 1,280 sqft with 2 Bedrooms, 1 and 1/2 Bathrooms, a COVERED PATIO, convenient covered parking, a community pool, and is zoned to the desirable Parker Elementary! There are an abundance of features including a beautiful stucco exterior, FORMAL DINING ROOM, open floor plan, a spacious living room with built-ins, french doors leading to the patio, Updated Bathroom, Large Bedrooms, and so much more! The home is nearby restaurants, entertainment, and shopping as well as the Beltway 8, Hwy 90, and 610 for an easy commute to the Medical Center, downtown, and U of H.

Investor Tools

$92,791

Estimated Property Value

$23,325Estimated Mortgage Balance

$69,466Estimated Equity

74% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$750 /month

Positive

Cash Flow Estimate:

$250 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$39/month

$372/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$92,791

2025

$17,630

$75,161

$92,791

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$92,791

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Janet B Adams

Seller Carryback / Seller Financing / Seller Take-Back

$45,000

First

Aug 7, 2007

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$23,325

$69,466

74%

25%

$270/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,095/mo

$642/mo

+$453/mo

14.2%

Learn About the Market: Opportunity in Houston

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Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

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